Practical Facilities Tips, News & Advice.
Of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term—an investment of approximately $933 billion-$1.2 trillion in spending. That’s according to JLL’s latest research, “Opportunity Through Obsolescence.” The […]
Organizations are under increased pressures to control and cut costs while maintaining high levels of services and quality. With increasing work order volumes, shrinking budgets, and a shortage of qualified labor, facilities management (FM) teams are turning to automation and innovative technology to streamline processes and boost productivity, according to a new report from JLL. […]
As a regional facilities manager at major real estate services firm Jones Lang LaSalle (JLL), Sam Horton oversees a leading tech company’s properties across San Francisco. With a vast portfolio exceeding 4.6 billion square feet under management, Chicago-based JLL provides comprehensive services worldwide. In his role, Horton is in charge of over a dozen client […]
Four years following the pandemic, a new survey from JLL finds that hybrid working is now the most common workstyle globally, with 87% of organizations operating with a hybrid program today. Hybrid work has proven to have a lasting impact and is “here to stay,” according to JLL’s new 2024 Global Occupancy Planning Benchmarking Report. The […]
Society is rapidly accelerating the volume of data we create, which is foundationally important to the way we work, live, and play. If data centers are the bricks holding modern society together, then the power that operates them is the mortar. According to JLL’s new H2 2023 North American Data Center Report, data center demand remained […]
As the global economy continues to rapidly adopt artificial intelligence (AI), infrastructure to support these systems must keep pace, according to a new report from JLL. Consumers and businesses are expected to generate twice as much data in the next five years as all the data created over the past 10 years. This growth presents […]
Triple-platinum status isn’t just for rock stars and rappers anymore! The U.S. Green Building Council (USGBC) announced that its headquarters in Washington, D.C., has been awarded a prestigious triple Platinum certification in LEED, TRUE, and WELL. This trio of certifications reflects USGBC’s commitment to healthy, productive, sustainable, and responsible work environments. The new headquarters, which also houses Green Business Certification […]
A new report from JLL finds commercial real estate (CRE) occupiers are “willing to put their money where the tech is,” with over 80% of companies increasing technology budgets despite a challenging operating environment. According to JLL’s 2023 Global Real Estate Technology Survey, 91% of occupier respondents are willing to pay a premium for tech-enabled space […]
As real estate occupiers face increased pressure to lower their carbon footprint, and investors are greening their portfolios, green leases can benefit both landlords and tenants while also serving to decarbonize real estate. JLL’s new Green Leasing 2.0: Bridging the owner-occupier divide to deliver shared ESG value report outlines the considerations building occupiers and owners should include […]
If you’re a college or university trying to attract parents of prospective students, post-pandemic, you’ll likely want to up your game when it comes to perceived campus cleanliness and indoor air quality (IAQ). That’s according to a new survey by JLL, a professional services firm that specializes in real estate and investment management. Conducted in […]